Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 10 - 05:00 AM
EUR/USD - Could Be On Verge Of A Bigger Drop To Cloud And Key Fibo
First appeared on eFXplus on Jan 10 - 02:45 AM
  • EUR/USD's biggest one-day drop since August 2019 is a very bearish sign

  • Spot closed down 53 pips according to EBS prices on Wednesday

  • Downside risk has grown, scope is for a drop to daily cloud top at 1.1064

  • Focus will also be on 1.1060 Fibo, 50% of 1.0879 to 1.1240 (Oct to Dec) rise

  • EUR/USD trader TGM2334. Previous nL1N29E05W. USD nL1N29C04S

Daily Ichimoku Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!